GST collections rise 23% to ₹2.31 lakh crore in October, imports drive growth

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Revenue from domestic transactions increased 15.8% to ₹1.59 lakh crore in October, while collections from imports surged 42.2% to ₹72,246 crore, taking the total gross mop-up to ₹2,31,290 crore.

Gross GST collections stood at ₹1.88 lakh crore in October 2025. (Representational image)
Gross GST collections stood at ₹1.88 lakh crore in October 2025. (Representational image) | Credits: Sanjay Rawat

India's gross Goods and Services Tax (GST) collections rose 22.9% year-on-year to ₹2.31 lakh crore in October, driven by a sharp increase in revenue from imports and steady growth in domestic collections, according to government data released on Sunday.

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Gross GST collections stood at ₹1.88 lakh crore in October 2025. Revenue from domestic transactions increased 15.8% to ₹1.59 lakh crore in October, while collections from imports surged 42.2% to ₹72,246 crore, taking the total gross mop-up to ₹2,31,290 crore.

Imports drive GST revenue growth

Gross revenue from imports rose 42.2% year-on-year to ₹72,246 crore, compared with ₹50,796 crore in October last year. Domestic GST collections, meanwhile, increased 15.8% to ₹1.59 lakh crore from ₹1.37 lakh crore.

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Integrated GST (IGST), which includes the tax collected on inter-state supplies and imports, rose to ₹1.37 lakh crore in October from ₹1.06 lakh crore a year earlier.

Net GST collections rise 25.6%

After adjusting for refunds, net GST collections increased 25.6% year-on-year to ₹2.03 lakh crore in October, compared with ₹1.62 lakh crore in the corresponding month last year.

Total GST refunds rose 6.5% to ₹27,934 crore during the month. Of this, domestic refunds amounted to ₹14,007 crore, up 9.8%, while refunds related to imports increased 3.4% to ₹13,927 crore.

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The growth in net collections was supported by both domestic transactions and imports. Net domestic revenue rose 16.4% to ₹1.45 lakh crore, while net revenue from customs-related GST increased 56.2% to ₹58,319 crore.

April-October gross collections up 13.2%

For the April-October period of the current financial year, gross GST collections grew 13.2% to ₹14.77 lakh crore, compared with ₹13.05 lakh crore in the corresponding period last year.

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Net GST revenue during the seven-month period increased 12.6% to ₹12.69 lakh crore from ₹11.27 lakh crore a year earlier.

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